Study: Wincor Nixdorf takes over market leadership for multivendor software in North America

Published: 20 April 2016 y., Wednesday

Wincor Nixdorf remains the market leader for multivendor ATM application software in Europe and Latin America and has advanced to the top spot in North America since the last study in 2013 according to a study published by the British market research company RBR. Worldwide, the company is number two in software used to operate ATMs from third-party vendors (multivendor application software).

According to the study’s authors, who analyzed information from banks in 64 different countries, the market for ATM software is developing dynamically. Intelligent software enables banks to offer their customers a variety of services that are integrated perfectly into the bank’s omnichannel services and CRM systems. In addition, branch transformation projects often shift transactions to self-service systems. This requires greater system functionality and results in higher demands on the software the systems run. The introduction of individual user interfaces, personalized services and authentication via smart phone or contactless card are other trends that are contributing to the upswing in the software market. For banks, software that can run on devices from any vendor is an important precondition for successfully realizing all these objectives. Investment protection also plays an ever more important role.

RBR also determined that software is no longer routinely purchased with hardware. Instead, the use of multivendor software is continuing to expand, and banks are becoming more flexible in choosing their hardware. Wincor Nixdorf’s growth in the multivendor software business succeeded with products from its ProClassic family, including the ProCash and the ProFlex4.

Bank customers expect easy access to cash everywhere and all the time. As a result, the high availability of ATM networks has a high priority for financial institutions. For this reason, RBR examined the market for multivendor monitoring software separately and regards Wincor Nixdorf as the world market leader in this niche with its monitoring software, and as number one in Europe and Latin America.

Šaltinis: wincor-nixdorf.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment

     

 


Captcha
 

Study: Wincor Nixdorf takes over market leadership for multivendor software in North America

Wincor Nixdorf remains the market leader for multivendor ATM application software in Europe and Latin America and has advanced to the top spot in North America since the last study in 2013 according to a study published by the British market research company RBR. Worldwide, the company is number two in software used to operate ATMs from third-party vendors (multivendor application software). more »

Wincor Nixdorf and Mahindra Comviva partner to enable NFC and QR Code based transactions at the ATM with mobiquity Wallet

Wincor Nixdorf, one of the leading providers of IT solutions to retail banks and Mahindra Comviva, the global leader in providing mobility solutions, have collaborated to enable seamless transaction experience at the ATM. more »

President of European Bank to visit Baku

President of the European Bank for Reconstruction and Development Suma Chakrabarti will visit Azerbaijan in June 2016. more »

Net sales up substantially and earnings boosted in first quarter – positive impact from restructuring – earnings guidance upgraded

Wincor Nixdorf AG saw net sales rise by 14% year on year in the first quarter of the current fiscal year 2015/2016, while operating profit (EBITA) before restructuring expenses increased by 78%. After restructuring expenses EBITA was up by 46%. In absolute terms, net sales generated by the Group totaled €727 million (previous year: €640 million). more »

ProCredit and Liberty Bank Partner Up

Two Georgian banks, ProCredit and Liberty, signed a memorandum of mutual understanding, a so–called “Host to Host”cooperation, which allows clients to benefit from both banks' services. more »

Halyk Bank was awarded “Bank of the Year 2015 in Kazakhstan” by The Banker

SC Halyk Bank (Halyk Bank) (LSE: HSBK) has been presented «Bank of the Year in Kazakhstan» award at the 16th «Bank of the Year» awards ceremony in London arranged by The Banker, the reputed international financial magazine. more »

Nordea awarded Bank of the Year in Western Europe

Nordea is named Bank of the Year among the leading Western European banks for 2015 by the magazine The Banker, owned by the Financial Times. more »

Kapital Bank Named the Best Bank in Azerbaijan

Business New Europe, which is one of the most renowned international financial publications, named Kapital Bank as the Best Bank in Azerbaijan. According to Haqqin.az , Kapital Bank received this honorary title for its strong financial performance. more »

CARTES Secure Connexions Becomes TRUSTECH

This 17-19 November at the Paris Nord Villepinte Parc d'Expositions Exhibition Centre the CARTES Secure Connexions 2015 - the world's leading trade show for secure solutions in payment, identification and mobility - will be held for the 30th time already. more »

Wincor Nixdorf turnaround in net sales and earnings expected

Wincor Nixdorf AG ended fiscal 2014/2015 slightly better than anticipated in the revised outlook issued at the end of the first half. Net sales totaled €2,427 million, down 2% on the prior-year figure (2013/2014: €2,469 million). more »